Supreme Court Stays Clean Power Plan

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In a surprising moves to legal experts, the Supreme Court today in a 5-4 ruling stayed the implementation of the EPA’s Clean Power Plan (CPP) supporting greenhouse gas reductions at fossil fuel fired power plants.  The move was surprising because the Supreme Court rarely involves itself in the determinations of whether or not a temporary […]
Anadarko Petroleum Corporation CEO Al Walker. (Nick de la Torre / Houston Chronicle)

Anadarko Petroleum cuts dividend 81 percent

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The cut will save the company $450 million annually.
(FILES) This file photo taken on February 5, 2016 shows US President Barack Obama speaks about the economy in the Brady Press Briefing Room at the White House in Washington, DC.
President Barack Obama on February 9, 2016 unveiled a new cybersecurity "national action plan" calling for an overhaul of aging government networks and a high-level commission to boost security awareness. The announcement responds to an epidemic of data breaches and cyber attacks on both government and private networks in recent years, and passage last year of a cybersecurity bill that aims to facilitate better threat sharing.Obama asked for $19 billion for cybersecurity efforts in his budget request, a 35 percent increase from current levels, with $3 billion earmarked to help modernize the patchwork of computer systems used in government agencies.
 / AFP / Saul LOEBSAUL LOEB/AFP/Getty Images

Within budget, Obama seeks $10.25 per barrel oil tax

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President Obama made official Tuesday his plan to seek a tax on the oil industry to fund an overhaul of the country’s transportation network towards reducing carbon emissions. In a proposed $4.1 trillion federal budget, the administration is requesting a $10.25 per barrel tax on oil companies, revenue from which will be shuttled into expanding high-speed […]
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CB&I Chairman and CEO Philip K. Asherman, May 23, 2014 in The Woodlands, TX. (Eric Kayne/For the Chronicle)

CB&I focuses on Gulf Coast to ride out oil bust

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Although CB&I operates worldwide, more than 70 percent of its engineering and construction revenues in 2016 will come in the U.S., the company announced Tuesday during an investor day in New York.
(Plains All American)

Plains All American Pipeline earnings fall short of expectations

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Crude oil transporter Plains All American Pipeline said Monday that broken commitments from producers, unseasonably warm temperatures and flooding in patch held down its fourth-quarter earnings.
(Image: Fotolia)

2 killed, 8 injured in fire on Mexico offshore oil platform

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Mexico’s state oil company says a fire that erupted on an oil platform in the Gulf of Mexico killed two workers and injured eight
Categories: General
In this Aug. 4, 2015 file photo, Gov. Mary Fallin talks with the media after meeting with members of the Coordinating Council on Seismic Activity in Oklahoma City. With both the number and power of earthquakes increasing in Oklahoma, the Republican-controlled Legislature may be ready to take steps aimed at curbing the quakes scientists have linked to the underground disposal of oil and gas wastewater. (AP Photo/Sue Ogrocki, File)

Uptick in quakes could prompt action from Oklahoma lawmakers

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According to the U.S. Geological Survey, Oklahoma this year has already had more than 90 earthquakes of magnitude 3.0 or greater, which is generally when most people start to feel them.
U.S. Senator Ed Markey, D-Mass (SAUL LOEB/AFP/Getty Images)

US Sen. Markey faults feds on natural gas export decision

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The Massachusetts Democrat says the decision announced Friday will allow gas to be exported to Canada through the Maritimes and Northeast Pipeline where it will be exported overseas. The pipeline currently flows from Canada into New England.
Los Angeles residents wait in line outside a Southern California Gas Co. office set up to handle claims by people affected by a 15-week-old gas leak in the Proter Ranch neighborhood of Los Angeles Friday, Feb. 5, 2016. (AP Photo/Brian Melley)

As fix nears for gas leak, residents worry about return home

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With a possible end in sight to a massive 15-week gas leak, anxious residents displaced from a Los Angeles neighborhood are skeptical a fix is near and worry they may be forced to return too soon to unhealthy homes.

EPA Magic: Regulation by Illusion

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In response to the Supreme Court’s review of EPA’s mercury rule, the agency issued a supplementary notice indicating that “consideration of cost does not alter the agency’s previous conclusion that it is appropriate and necessary to regulate coal- and oil-fired electric utility steam generating units (EGUs) under section 112 of the Clean Air Act.” Essentially, […]
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